Archive for February, 2009

ANNAPOLIS – iJET Intelligent Risk Systems has promoted James Hires to the position of vice president of software development. With 16 years of software experience and two years with iJET, Hires will continue to develop the technology behind the Worldcue solution for the company’s global intelligence and business resiliency services.

ANNAPOLIS – Howard Bank is now one of 16 banks that support the Arundel Business Loan fund. Administered by the Anne Arundel Economic Development Corporation, the fund offers loans up to $300,000 to companies doing business in Anne Arundel county. In 2008, loans totaling $500,000 went to Tipton Airport, E-Star, LLC, and Personal Design Landscaping, Inc.

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ANNAPOLIS – Anne Arundel Workforce Development Corporation, a quasi-public agency that offers workforce counseling, training and job search assistance, received attention from County Executive John Leopold as a resource for out-of-work residents.  AAWDC has six centers around the county with resources including databases, private-sector job openings, and help with resumes.

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STEVENSVILLE – Kentmorr EcoDredge has been contracted by the Maryland Environmental Service to begin a dredging project at Poplar Island in Talbot County.  Beginning next week the company will use its environment friendly dredge to move sand from the approaches to the island and then replenish the beach.  Poplar Island, once 1,100 acres before eroding to less than 10 in the 1990s, is a state-designated site for clean dredged material with the intention of restoring beaches and habitats.

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GLEN BURNIE – Biomedical device maker and treatment developer Cyto Pulse Sciences has received ethics committee approval to proceed with a study to investigate the safety and tolerability of its Easy Vax™ system in healthy volunteers.  Funded by the National Institutes of Health, the research is another step in the company’s plans to commercialize the DNA vaccine-delivery system.

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ANNAPOLIS – Thayer Lodging Group has added Jin Lee as a managing director and chief investment officer.  In this new role, he will be responsible for sourcing, due diligence, negotiating and structuring transactions.

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STEVENSVILLE – JTAG Technologies has upgraded its tool suite for boundary-scan software and hardware-debug applications.  For the company’s installed base of 5,500 systems at electronics designers and manufacturers, the ProVision and Visualizer offering will improve engineering and manufacturing productivity.

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CHESTER – Tom Fox, CEO of Capital Sports Consulting and adviser to professional athletes and business executives on fitness and nutrition, has released a new book on improving the health profile of time-challenged individuals.  The paperback presents readers with an approach for de-programming the bad nutritional and fitness habits that lead to high stress levels and poor health in favor of a personalized program that is more  sustainable.  Fox compiled the volume after his experience of helping members of the Washington Redskins and Washington Capitals, and from assisting business executives including AOL vice chairman Ted Leonsis.

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ANNAPOLIS – LRS Federal was selected to participate in the Mentor-Protégé program of the U.S. Department of Energy’s Oak Ridge National Laboratory.  Designed to assist small businesses with obtaining and fulfilling contracts, the program will help the firm apply its offering of engineering, environmental services, construction management and technology development.

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GLEN BURNIE – The Bank of Glen Burnie held a ceremony on January 26th to kick off construction of a new branch at 751 Old Stevenson Road in Severn, Maryland.  The bank has eight branches in Anne Arundel county and maintains more than $325 million in assets through its parent, Glen Burnie Bancorp.

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